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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 296,151 $ 252,340
Customer receivables, net 31,028 26,606
Inventories, net 72,369 62,036
Other current assets 21,630 16,136
Total current assets 421,178 357,118
Property, plant and equipment, net 292,320 288,544
Investment in real estate held for development and sale 65,604 72,355
Timber and timberlands, net 1,682,671 1,600,061
Intangible assets, net 15,491 16,270
Other long-term assets 57,951 46,717
Total assets 2,535,215 2,381,065
Current liabilities:    
Accounts payable and accrued liabilities 78,209 93,279
Current portion of long-term debt 42,977 39,981
Current portion of pension and other postretirement employee benefits 4,993 6,574
Total current liabilities 126,179 139,834
Long-term debt 715,279 717,366
Pension and other postretirement employee benefits 83,674 128,807
Deferred tax liabilities, net 34,874 17,740
Other long-term obligations 49,076 72,365
Total liabilities 1,009,082 1,076,112
Commitments and contingencies
Stockholders’ equity:    
Common stock, $1 par value, authorized 100,000 shares, issued 69,064 and 66,876 shares 69,064 66,876
Additional paid-in capital 1,781,217 1,674,576
Accumulated deficit (280,910) (315,510)
Accumulated other comprehensive loss (43,238) (120,989)
Total stockholders’ equity 1,526,133 1,304,953
Total liabilities and stockholders' equity $ 2,535,215 $ 2,381,065